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254FOREST

Active Private limited companyfounded 2011active for 15 yearsRue de la Papeterie 33, 1490 Court-Saint-EtienneKBO/BCE: BE 0839.428.397 #4 company by equity in Court-Saint-Etienne, Professional and technical services sector

Lifetime

14 annual accounts with figures on one time axis
peak €449,492 (2022)
-€28,516▼ €306,464
lowest -€233,202 (2025)
-€233,202▼ €217,812
peak €2.3m (2023)
€2.0m▼ 10.4%
€1.1m▼ 6.7%
Board2 names since 2011
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €277,948 to -€28,516Loss of €233,202Resignation: (director) 15-09Cash from €137,333 to €19,934

Key points

from the 2025 annual accounts

Result

-€233,202 ▼ 1,415%
-€15,4002024-€233,0002025

The result fell in 2025 from -€15,390 to -€233,202.

Liquidity

0.52 was 2.16 in 2024

Short-term debts fell from €105,140 to €94,453.

Position in the sector

-€233,202

Lower net result than 95% of companies in other professional activities. Sector median €9,303 · 4,360 companies.

2025 accounts filed 31 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,686 companies had the same profile as 254FOREST has now. Each dot stands for 7 companies, two years later.

93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,686 companies, not a prediction for 254FOREST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0839428397
Resignation: (director) General meeting of 15-04-2025 · Gazette deed
Changes of role: (director) and (director) Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 03-10-2023 · Gazette deed
Incorporation published on 30-09-2011 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
254FOREST Court-Saint-Etienne €3.1m -€28,516 65.5% -
Ridge Way Oud-Turnhout €2.2m -€24,875 95.4% -
GALERIE HEROLD Ixelles €2.9m -€5,689 97.9% -
RENOTIM Destelbergen €1.3m -€10,698 79.9% -
J.K. Fotografie Mortsel €1.1m €2,505 1.0% 0
VERSION5 Lasne €0.6m -€63,594 -113.0% -
ENCRES ET GRAINS D'ARGENT Uccle €0.6m -€15,854 -39.9% -

These companies have the same main activity as 254FOREST: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €602,000 and €2.9m, founded between 1990 and 2020.

Official details

Source: KBO
Status
Active since 20-09-2011Normal situation
Registered office
14 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Photography, excluding press photographyNACE 74201and 5 others
Establishment unit
2.202.393.2151060 Sint-Gillis (bij-Brussel), since 20-09-2011
Financial year end
31 December
Peppol
Reachable since 12-11-2025
Company details

Annual accounts 2025

€3.1m▼ 9.1%
≈ 1 FTEestimated
Filing
Filed on 31-08-2026
Financials

Insights on 254FOREST

254FOREST files the micro format. That format states no turnover. The gross margin fell from -€14,127 in 2012 to -€28,516 in 2025.

The balance sheet grew most from 2014 to 2016 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about 254FOREST

What is the company number of 254FOREST?
The company number of 254FOREST is 0839.428.397. The VAT number is the same number with BE in front: BE 0839.428.397.
Where is 254FOREST based?
The registered office is at Rue de la Papeterie 33, 1490 Court-Saint-Etienne.Company details
What does 254FOREST do?
According to the KBO register, the main activity is photography, excluding press photography (NACE 74201).
What is the legal form of 254FOREST?
254FOREST is a private limited company (BV).
When was 254FOREST founded?
254FOREST was founded on 20-09-2011.
Is 254FOREST still active?
Yes, 254FOREST is an active enterprise in the KBO register.
What is the turnover of 254FOREST?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is 254FOREST profitable?
In financial year 2025, 254FOREST made a loss of €233,202.
Where can I find the annual accounts of 254FOREST?
254FOREST filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of 254FOREST due?
254FOREST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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